Wall Street analyst estimates for Diageo plc (DEO): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
Diageo plc, operating through its various subsidiaries, stands as a major global player in the production, marketing, and distribution of alcoholic beverages. The company boasts an extensive product range, featuring a wide selection of spirits such as Scotch, diverse whiskies (including Canadian and American varieties), gin, vodka, rum, tequila, cachaça, brandy, raki, and liqueurs.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2027E | $19.1B | $18.7B – $19.3B | $5.00 | 5 |
| 2028E | $19.2B | $18.9B – $19.7B | $5.28 | 5 |
Fiscal year ending in June · figures in USD · consensus as of November 1, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 18 |
| Hold | 16 |
| Sell | 3 |
| Strong Sell | 0 |
| Total analysts | 37 |
| Avg rating (−2 sell to +2 buy) | 0.41 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2027-01-28 | $3.95 | ||
| 2026-08-06 | $2.80 | $2.55 | +9.8% |
| 2026-02-25 | $3.80 | $3.67 | +3.5% |
| 2025-08-05 | $2.64 | $2.48 | +6.5% |
| 2025-02-04 | $3.91 | $4.25 | -8.0% |
| 2024-07-30 | $2.84 | $2.85 | -0.4% |
| 2024-01-30 | $4.31 | $4.43 | -2.7% |
| 2023-08-01 | $3.32 | $3.35 | -0.9% |
Valuation Ratios
| P/E Ratio | 29.92 |
| Price / Book | 4.75 |
| Dividend Yield | 2.14% |
Income Statement (10y)
| Year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.05B | $12.16B | $12.87B | $11.75B | $12.73B | $16.96B | $16.23B | $20.27B | $20.25B | $19.60B |
| Cost of Revenue | $4.68B | $4.63B | $4.87B | $4.65B | $5.04B | $5.97B | $6.54B | $8.07B | $8.07B | $7.95B |
| Gross Profit | $7.37B | $7.53B | $8.00B | $7.10B | $7.70B | $9.48B | $9.68B | $12.20B | $12.17B | $11.66B |
| Research & Development | $32.3M | $36.9M | $35.7M | $34.3M | $38.9M | $47.1M | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $3.70B | $1.89B | $4.01B | $1.84B | $2.16B | $5.11B | $2.89B | $3.69B | $3.66B | $6.10B |
| Operating Expenses | $3.73B | $3.84B | $4.05B | $4.96B | $3.86B | $5.16B | $5.30B | $6.20B | $7.84B | $6.10B |
| Operating Income | $4.63B | $3.90B | $4.04B | $3.51B | $3.73B | $4.88B | $4.38B | $6.00B | $4.33B | $5.56B |
| EBITDA | $3.83B | $4.18B | $4.50B | $5.77B | $4.28B | $6.07B | $6.40B | $7.24B | $6.36B | $6.30B |
| Interest Expense | $444.5M | $416.6M | $488.1M | $662.3M | $452.7M | $632.7M | $885.0M | $1.28B | $1.04B | $1.05B |
| Pre-tax Income | $3.56B | $3.83B | $4.24B | $2.06B | $3.71B | $4.80B | $4.45B | $5.46B | $3.54B | $2.56B |
| Income Tax | $732.0M | $610.1M | $898.0M | $589.0M | $907.0M | $1.16B | $918.1M | $1.29B | $999.0M | $604.8M |
| Net Income | $2.66B | $3.02B | $3.16B | $1.41B | $2.66B | $3.54B | $3.51B | $3.87B | $2.35B | $1.73B |
| EPS | $4.32 | $6.36 | $5.24 | $2.40 | $4.56 | $6.12 | $6.20 | $6.92 | $4.24 | $3.12 |
| EPS (Diluted) | $4.32 | $4.96 | $5.20 | $2.40 | $4.40 | $6.12 | $6.20 | $6.92 | $4.24 | $3.12 |
| Shares Outstanding (Diluted) | 630.8 M | 623.8 M | 607.0 M | 588.5 M | 586.2 M | 581.2 M | 567.8 M | 559.8 M | 557.0 M | 557.8 M |
Price
| Price | $94.05 (closing price, November 3, 2026) |
| Market Cap | $52.3B |
| Exchange | NYSE |
| Country | GB |
Related companies: BUD · ABEV · STZ · BF-B
Explore sector: Consumer Defensive · Beverages - Alcoholic
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